Artificial Intelligence In Telecommunication Market Size, Share, Growth Analysis, By Application(Network Security, Network Optimization, Customer Analytics, Virtual Assistance), By Region - Industry Forecast 2024-2031

Global Artificial Intelligence In Telecommunication Market size was valued at USD 0.59 billion in 2019 and is poised to grow from USD 0.85 billion in 2023 to USD 10.4 billion by 2031, growing at a CAGR of 43.1% in the forecast period (2024-2031).

By utilizing AI and automation, telecom businesses may save operational costs while enhancing the customer experience. The heart of the telecommunications industry has already benefited from artificial intelligence, Additionally, it aids in the development of the self-optimizing network, which can build the system depending on current conditions while adhering to the parameters established by the specific designer. It helps network operations identify the underlying causes of problems and detect problems like Service-Level Agreement (SLA) breaches.

The transition from fourth generation (4G) to fifth generation (5G) mobile communications is now taking place in the telecom sector. With extremely low latency rates, 5G technology is predicted to offer faster data transmission speeds. The Internet of Things (IoT)-controlled verticals are supported by infrastructure that telecom firms are creating (IoT). For instance, Google and AT&T Intellectual Property worked together to assist businesses use Google Cloud technologies with 5G network access. By merging the analytics, AI/machine learning, and networking capabilities of Google Cloud with the 5G network capabilities of AT&T Intellectual Property, both firms are building 5G products.

US Artificial Intelligence In Telecommunication Market is poised to grow at a sustainable CAGR for the next forecast year.